The price has been a bullish trend for the last few days, reached 1.38 then bounced back, testing the zone again and bouncing back, and now it is testing the zone for the third time. This has resulted in forming a cup and handle formation which might be an indicator that the price might continue with the bullish momentum.
This will only happen if the price breaks out of the resistance zone. According to the client sentiment, around 70% of traders expect bearish momentum thus I expect the price to move opposite their expectations.
I am anticipating the price will break out of the zone, then retest it so that we place our trade @ 1.38
My target is 1.40, Sl @ 1.373 and entry @ 1.38
The R: R is 1: 2.7
Remember, risk 1 - 2% of your account.
This will only happen if the price breaks out of the resistance zone. According to the client sentiment, around 70% of traders expect bearish momentum thus I expect the price to move opposite their expectations.
I am anticipating the price will break out of the zone, then retest it so that we place our trade @ 1.38
My target is 1.40, Sl @ 1.373 and entry @ 1.38
The R: R is 1: 2.7
Remember, risk 1 - 2% of your account.
トレード稼働中
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。